Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Been holding these for a couple of years now and after a very good TU i thought it would have created some interest in the shares but as usual nothing. Good luck all.
Sad SP rise on such a good rns
Great top line & margins. We need to see profit and move to profitability. If the full year meets expectations again and if the bottom line is starting to look good then I think we’ll start to see the re-rating. At that point it would be hard to ignore…. Failing that I’d just sit tight another year!
Https://podcasts.apple.com/gb/podcast/the-vox-markets-podcast/id1569138869?i=1000642081692
Not sure this link works. But it’s an interview with Richard harpham CEO and Vox markets. Very happy holding here. Think we’ll see many multiples of this share price in time.
So then. No significant move in SP then…. Other than down. Could be the bottom drawer for this.
The trading performance and general growt hof the business has been faultless
The business is booming (pardon te pun)
Things I like:
- Revenue doubled 2 years on the trot
- Cash generative
- Not reliant on consumer confidence - it has been very successful in the Corporate Events space and is continuing to invest in this space. Corporate engagement spend is more stable and resilient. (IT recently hosred an big international contingent from Google including their Vice President
(https://www.linkedin.com/posts/elisha-khan_internationalevents-eventplanning-google-activity-7153411621959135232-Pk8u?utm_source=share&utm_medium=member_desktop)
- It has grown at a great time - acquiring some great locations at great prices given the macro environment in recent years
- Performance powered by both brands
I have no idea why the share price has not reflected the performance of the business - but It will have to eventually and I'm happy to hold as long as it takes (And add at these levels without hesitation)
- It has created a fantastic people culture - full of ambition, pride and hungry
It has created a fantastic people culture - full of ambition, pride and hungry
Unfortunately. It has robbed a lot of investors!!!!!!!!
Only if investors have sold their shares.
The progress and value of this business HAS increased over the last 18months significantly. It's achieving the potential, its walking the walk.
The SP will reflect that in time I have no doubt. IN the meantim I have no idea who/what/why is suppressing the share price.
Its only a matter of time - until the EBITDA annual run rate is in line of greater than the mCap.
Hold for Gold
Its only a matter of time -
That’s another classic saying on here.
How long is a piece of string?
EBITDA is pointless though if the business is not turning a profit, they said they would by now, they haven't and Mr Market is punishing them for it.
All the pumpers have sold out now and a few long term investors left with a massive hole in their portfolio.
Shielded their customers from fixed cost increases, well done, what about shareholders.
It's only the brokers note that shows any honesty re profit.
No idea why you think they are not yet profitable - I expect them to show a profit
I will continue to take a big interest in EBITDA. It’s a much more straight forward metric to understand and a good guage if in year performance.
Race against time for me - I'm hoping to free up some capital to invest here. Please DYOR, but it's an absolue no brainer in my opinion.
I have a 50p target on this share in the next 18mths.
I can only assume that two things going on here - a distressed (or impatient) seller OR some attempted manipulation that precipitates a bid or large accumlulation.
I have scoured the accounts and RNS of the last 2 years and cannot find any gremlins here
This company is doing phenomenally well and will keep growing - I expect the share price to be between £1 and £2 over a 5 year timeframe. No reason why it cannot be closing the gap on Hollywood Bowl or similar
Newboy - XPF made an operating profit last year of c£1.6m. H1 2023 did show a loss but that included the cost of a few new sites, which then take a while to be fully functional.
H2 was better for both revenues and margins so hopefully there will be a small profit overall.
However, as a growth company money is being spent to the growth so that always comes off the bottom line.
EBITDA is pretty much an industry standard and is a good guide for a growing company. Many deals are also done on an EBITDA multiple - for example only yesterday EAAS sold one of it's divisions for c7 x its EBITDA - so £30m upfront although last year the whole company made a profit of just over £1m . If for example XPF was to sell Escape Hunt to invest in BOOM it would be done on EBITDA. Based on a multiple of 7 that's c £35m BTW.
As a rule of thumb i often use a 5xEBITDA to get a company value. Based on £10m for 2023 gives us c£50m, double the current SP.
Also look at cashflow - XPF is very cash generative from operations. Always a good sign
Spot on Shandypants _ I could not have articulated it better myself
I'm predicting a profit of c+£2m for the FY
Next year, there is no reason why profit cannot increase to doube digits.
Thanks guys, guess I'm just getting a bit despondent with it all.
The share price movment is defying logic IMHO
Patience is the key here
I've been patient on my main stock "HEMO" for 3 years since it sunk to the depths of 1.2p. Its now looking very bullish at 3p with news imminent of a very significant milestone for the company
So, I 'm prepared to be patient here. It's not a difficult business to understand - the clues are all there that this will grow to something big